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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

Nov 12 4:00 PM EST

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To: Rarebird who wrote (111844)	4/3/2020 1:36:27 PM
From: Real Man	Read Replies (3) of 116757

Spx is manipulated. Basically, manipulation will survive anything but a complete systemic meltdown. The latter is possible, and even somewhat likely, but I am not willing to bet on it just yet. I am more inclined toward a hyperinflation scenario. The Fed has shown they will do anything to prop SPX including buying it directly. Therefore I am looking to take a long position. 1800 Spx and I start scaling in. This is a pandemic recession. Things will get back to a bull again after it is over. You can start with gold related beaten down equities, followed by international stocks and Spx. I don’t see this Congress, this President, or even the Democratic nominee do anything at all to bring back free market and price discovery. If we got Sanders or Warren, then maybe, but they are out.

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